
Cheap 1 Bedroom Apartments for Rent in the Institute Park Neighborhood of Worcester, MA from $679 (7 Rentals)


34 Irving St

16 Home St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

The Cedar House

18 Lancaster St

The Central Building Residences
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Merrick at the Square
Institute Park, Worcester, MA Local Guide

How much does it cost to rent an apartment in Institute Park?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Institute Park Studio Apartments | $1,585 | $1,200 | $2,219 |
Institute Park 1 Bedroom Apartments | $1,798 | $679 | $3,999 |
| Institute Park 2 Bedroom Apartments | $2,446 | $1,600 | $4,149 |
| Institute Park 3 Bedroom Apartments | $2,468 | $2,000 | $3,346 |
| Institute Park 4 Bedroom Apartments | $2,860 | $2,300 | $3,300 |
Explore Worcester
Frequently Asked Questions about Cheap Institute Park Apartments
What is a cheap apartment in Institute Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Institute Park is under $2,000.
What is the price of a cheap apartment in Institute Park?
The cheapest apartment in Institute Park is Residences on Lincoln Square, A 55+ Community which is listed at $679, while the average apartment in Institute Park costs $3,100.
What types of apartments are the cheapest in Institute Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 11 regular apartments in Institute Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Institute Park?
Cheap apartments in Institute Park have an average cost of $468 which is $2,632 cheaper than the average rent for all rentals in Institute Park.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Local Secrets: Finding the Top Affordable Neighborhoods for Renting in Worcester
Written by: Kevin Wesley
Worcester is a vibrant, culturally rich and diverse city at the heart of central Massachusetts.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.